MGT share price, page-10118

Morning All,
Check out the attached link for this year's iron ore sell prices from 58% to 65% fines and 65% pellets.

http://www.custeel.com/en/csi.jsp
It is great to see that the price drop for 65% pallets was insignificant compared to 62% fines throughout 2021, that said, 58% fines took an absolute hiding.
Even in the lows of the iron ore price cycle 67.5-68.5% iron ore pellets will hold massive gains over 58-62% fines.
As an example; 21/12/21 (Yesterday) 58% fines sold for $78.70 USD while 65% pellets sold for $176.10 USD.

There are some clowns on this thread that continue to compare Hematite ore with Magnetite ore, comparing the cost of mining each.
DYOR, subtract the true cost of production (see company reports) from the current sell price of their products to see their true profits.
Compare this to MGT's all in costs of $54 USD/t subtracted from $176.10 USD/t (also consider MGT will have a higher grade 67.5-68.5% product).

MGT will be a very profitable company once production starts.

BTW, ignore the noise created by the attention seekers..